Fuse Science, Inc. Message Board

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Microcap & Penny Stocks : Fuse Science, Inc.

DROP 0.00300

-14.3%

Nov 3 1:54 PM EST

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To: straight-->arrow who wrote (135)

6/12/2014 6:37:44 PM

From: StockDung

of 165

There have been several alreay selling FUSE products on AMAZON for years. According to the recent SEC filing there are no legal issues. Only thing huge will be the reverse split which can be has high as 1 for 200.

Nobody buying FUSE JUNK story.

ITEM 1

LEGAL PROCEEDINGS

A dispute had arisen between the Company and Maurice “Hank” Durschlag, the Company’s former President, with respect to approximately $75,000 in fees due under a consulting agreement entered into in March 2011 prior to the Company’s April 2011 acquisition of the Delaware corporation now known as FSR&D, Inc. Mr. Durschlag instituted a breach of contract action in North Carolina state court and the Company was served in such action on March 18, 2013. The parties have entered into a confidential settlement agreement effective as of April 15, 2013, as a full and complete resolution of their respective obligations under the prior consulting agreement, which includes a clear duty of Mr. Durschlag to cooperate regarding the Company’s prosecution and advocacy of its current international patent application portfolio.

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